Technology

Figure Technologies, the blockchain-based startup co-founded by Mike Cagney, is closing its latest funding round that values the company at $3.2 billion.

How digital capabilities are supporting small business operations amid disruption

Regulators must urgently usher the unbanked or underbanked individuals into the wider financial ecosystem as they continue to craft open banking rules, says FISPAN's Clayton Weir.

The money transfer company is working with Coinme to provide a way for bitcoin users to access their profits — or cut their losses.

Japan is one of the most cash-centric of all developed nations, with about 80% of consumer transactions conducted with paper or coins, but the pandemic triggered some shifts that Adyen wants to capitalize upon.

The sudden plunge — and recovery — of bitcoin's value highlights the problems in using such volatile currencies in commerce.

The New York neobank is creating a marketplace where partners and competitors can offer banking, insurance and other financial products, CEO Dee Choubey says. If the effort lives up to billing, it could come closer to a truly open platform than any other so far.

The next step for retailers is to bring consumers the benefits and experience of being in store, from the comfort of their home, says FIS' Dan Brames.

U.K. and EU regulations enable cards that provide digital-first features for funds kept in a different bank's account.

The concept amplifies spending visibility from the center of the business way out to its edges, creating more transparency.